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1216 N Northwest Highway Park Ridge, IL 60068 Multi Unit - Multiple New

New - 38 Hours Ago
  • 1216 N Northwest Highway , Park Ridge, IL 60068 Main Photo

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Description

Rare opportunity in sought-after Park Ridge, this solid 2-unit property is ideal for investors or owner-occupants looking for rental income with future flexibility to convert back to a single-family home. Both units are currently occupied and feature hardwood flooring throughout. The first-floor unit offers approximately 750 sq ft with 5 rooms plus a sunroom, including 2 bedrooms, 1 bath, kitchen, dining room and living room. The second-floor unit provides approximately 600 sq ft with 2 bedrooms, 1 bath, an eat-in kitchen, and living room. Each unit includes one garage space and driveway parking. The property also features a full basement with coin laundry and ample storage, a fenced backyard, boiler updated in 2021 and a newer hot water heater (2025) serving the lower unit. A strong income-producing property in a prime location with long-term upside. Close to everything - schools, parks and shopping!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
Listed By:
Keller Williams ONEChicago 312-216-2422
MRED MLS
$545,000
Est. $3,496/mo
4beds
2baths
2cars
New to the Market New
BEDS4 BATHS2 full MLS#12619970
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 207

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Ruhl&Ruhl Realtors
563.441.1776

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1216 N Northwest Highway , Park Ridge, IL 60068.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $545,000$545,000$545,000
Down Payment $109,000$19,075$136,250
Monthly Mortgage Amount $2,579$3,208$3,340
Taxes $758$758$758
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$240$0
Monthly Estimated Total $3,496$4,365$4,257

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